If the demand and supply both increase equally, then the equilibrium price ________ and the equilibrium quantity ________
A) increases; increases
B) increases; does not change
C) does not change; increases
D) increases; decreases
E) decreases; does not change
C
Economics
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The natural rate of unemployment equals
A) structural plus frictional plus cyclical unemployment. B) structural plus frictional unemployment. C) the rate of unemployment we observe in any given period of measurement. D) the rate of structural unemployment.
Economics
If the wage is kept above the equilibrium level for any reason, the result is unemployment
a. True b. False Indicate whether the statement is true or false
Economics